FIS have released updates to the Prophet libraries to help support customers with IFRS 17, US PBR and more.
- Ability to produce IFRS 17 forecasts using Prophet’s Modules feature
- Additions to the IFRS 17 Toolkit for journal creation
- Other IFRS 17 enhancements including ability to switch measurement models within the liability libraries
- ALS enhancements including asset transfers, US PBR updates and use of Prophet’s User Defined Functions feature
- Other miscellaneous improvements and customer requests.